RBC BEARINGS INCORPORATED (NASDAQ:ROLL) Files An 8-K Entry into a Material Definitive Agreement

Item1.01. Entry into a Material Definitive Agreement.

On June 7, 2017 the Company entered into an Amended and Restated
Employment Agreement with Dr. Michael J. Hartnett, effective
April 2, 2017, to which Dr.Hartnett will continue to be employed
as President, Chief Executive Officer and Chairman of the Board
of Directors of the Company.

The new Amended and Restated Employment Agreement amends the
Amended and Restated Employment Agreement, dated effective as of
April 1, 2013 between the Company and Dr. Michael J. Hartnett,
filed as Exhibit 10.1 to the Companys Current Report on Form 8-K
dated July 2, 2013 and described therein. A copy of the new
Amended and Restated Employment Agreement is filed as Exhibit10.1
hereto and incorporated herein by reference.

Dr.Hartnett’s new Amended and Restated Employment Agreement has
a three year initial term with automatic annual renewals
thereafter and is substantially similar to his existing Amended
and Restated Employment Agreement except that it provides for a
20 percent reduction of his current base salary. His annual
performance bonus matrix remains unchanged and he will continue
to be designated as an Eligible Executive under the Companys
Executive Officer Performance Based Compensation Plan.

The foregoing description of Dr. Hartnetts employment terms does
not purport to be complete and is subject to, and qualified in
its entirety by, prior related disclosures by Registrant and
reference to the provisions of the new Amended and Restated
Employment Agreement attached as Exhibit10.1 to this Current
Report on Form 8-K.

On June 7, 2017 the Company entered into Employment Agreement
with Daniel A. Bergeron, effective April 2, 2017, to which Mr.
Bergeron will be promoted to the position of Vice President,
Chief Operations Officer, and Chief Financial Officer. Mr.
Bergeron will also continue as a Director of the Company. As
Chief Operations Officer, Mr. Bergeron will increase his
management responsibilities of more operational divisions. He
will continue his responsibilities as Chief Financial Officer,
assisted by Mr. Hawkins as noted below.

Mr. Bergerons Employment Agreement has a three year initial term
with automatic annual renewals thereafter, is similar in format
to Dr. Hartnetts agreement, provides for a 25 percent increase to
his current base salary and sets forth a performance bonus
matrix. Mr. Bergeron is also designated as an Eligible Executive
under the Companys Executive Officer Performance Based
Compensation Plan.

The foregoing description of Mr. Bergerons employment terms does
not purport to be complete and is subject to, and qualified in
its entirety by, and reference to the provisions of the
Employment Agreement attached as Exhibit10.2 to this Current
Report on Form 8-K.

On June7, 2017, RBC Bearings Inc. (the Company) announced that
Ernie Hawkins has been appointed Vice President of Finance, Chief
Accounting Officer effective June 7, 2017. Mr. Hawkins was
previously the Corporate Controller of the Companys Sargent
Aerospace Defense Division. He joined RBC Bearings in 2015 as
part of the Sargent Aerospace Defense acquisition. He was
employed by Sargents previous parent company, Dover Corporation,
since 2002. Mr. Hawkins graduated from Ball State University and
is a Certified Public Accountant. Mr. Hawkins will be responsible
for overseeing Corporate Accounting and SEC Reporting, and the
Companys Information Technology Group. He will also support Mr.
Bergeron on Mergers and Acquisitions, Investor Relations, and
Treasury matters. Mr. Hawkins is currently 51 years old.

As a new officer of the Company, Mr. Hawkins will be an at-will
employee and entitled to participate in the same general benefits
and incentive opportunities as other officers. This includes a
base salary and incentive opportunities under the Companys Annual
Incentive Compensation Plan, Long-Term Equity Incentive Program
and Supplemental Executive Retirement Plan.

For further details, please refer to the press release filed as
Exhibit 99.1 to this Current Report, which is incorporated herein
by reference.

Item5.02.Departure of Directors or Principal Officers;
Election of Directors; Appointment of Principal Officers;
Compensatory Arrangements of Certain Officers.

(c) Item 1.01 is incorporated herein by reference.

(e) Item 1.01 is incorporated herein by reference.

Item 7.01.Regulation FD Disclosure.

On June7, 2017, the Company issued a press release announcing the
appointment of Mr.Bergeron as Vice President, Chief Operations
Officer, and Chief Financial Officer and the appointment of
Mr.Hawkins as Vice President of Finance, Chief Accounting
Officer, both to be effective June7, 2017. A copy of the press
release announcing the foregoing is attached hereto as
Exhibit99.1 and is incorporated herein by reference.

Item9.01 Financial Statements and Exhibits

(d)Exhibits

About RBC BEARINGS INCORPORATED (NASDAQ:ROLL)

RBC Bearings Incorporated is an international manufacturer and marketer of engineered precision bearings and products, which are integral to the manufacture and operation of machines, aircraft and mechanical systems. The Company operates through four segments: Plain Bearings; Roller Bearings; Ball Bearings, and Engineered Products. The Company has over 40 facilities of which over 30 are manufacturing facilities in approximately five countries. The Company classifies its customers into two categories: industrial and aerospace. The Company manufactures bearings and engineered products for a range of diversified industrial markets, including construction and mining, oil and natural resource extraction, heavy truck, marine, rail and train, packaging, semiconductor machinery and the general industrial markets. The Company supplies bearings and engineered products for use in commercial, private and military aircraft and aircraft engines, guided weaponry, and vision and optical systems.